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Harbin Xinguang Optic-Electronics Technology Co (SHSE:688011) Receivables Turnover Explanation
An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.
Harbin Xinguang Optic-Electronics Technology Co Receivables Turnover Related Terms
Harbin Xinguang Optic-Electronics Technology Co Receivables Turnover Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Harbin Xinguang Optic-Electronics Technology Co Receivables Turnover Chart
Harbin Xinguang Optic-Electronics Technology Co Annual Data
SHSE:688011 vs APH, GLW, TEL: Receivables Turnover Comparison
For the Electronic Components subindustry, Harbin Xinguang Optic-Electronics Technology Co's Receivables Turnover, along with its competitors' market caps and Receivables Turnover data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Harbin Xinguang Optic-Electronics Technology Co Receivables Turnover vs Hardware Industry
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Harbin Xinguang Optic-Electronics Technology Co (SHSE:688011) has a Receivables Turnover of 0.18 as of Jun. 2026. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on Harbin Xinguang Optic-Electronics Technology Co and its competitors. According to the industry distribution chart, Harbin Xinguang Optic-Electronics Technology Co ranks #2395 out of 2467 companies in the Hardware industry, placing it in the top 97.1%.
Is Harbin Xinguang Optic-Electronics Technology Co's Receivables Turnover too high?
Harbin Xinguang Optic-Electronics Technology Co's current Receivables Turnover is 0.18. The Hardware industry median Receivables Turnover is 5.00. Harbin Xinguang Optic-Electronics Technology Co's value of 0.18 is 96.4% below this industry median. Based on the distribution chart, Harbin Xinguang Optic-Electronics Technology Co ranks #2395 out of 2467 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Harbin Xinguang Optic-Electronics Technology Co has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Harbin Xinguang Optic-Electronics Technology Co's Receivables Turnover compare to APH and GLW?
According to the Hardware industry distribution chart, Harbin Xinguang Optic-Electronics Technology Co ranks #2395 out of 2467 companies for Receivables Turnover. This places Harbin Xinguang Optic-Electronics Technology Co in the lower half of its industry. The industry median Receivables Turnover is 5.00. Harbin Xinguang Optic-Electronics Technology Co's value of 0.18 is 96.4% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Hardware company?
The median Receivables Turnover among Hardware companies is 5.00, based on 2,467 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Harbin Xinguang Optic-Electronics Technology Co's current Receivables Turnover of 0.18 is 96.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on Harbin Xinguang Optic-Electronics Technology Co and its competitors. For the Hardware industry, the median Receivables Turnover is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harbin Xinguang Optic-Electronics Technology Co's current Receivables Turnover is 0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harbin Xinguang Optic-Electronics Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Harbin Xinguang Optic-Electronics Technology Co (SHSE:688011) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥23.44, compared to a current price of ¥79.00 — trading 237% above its estimated fair value. The current Receivables Turnover is 0.18 and 96.4% below the Hardware industry median of 5.00. Harbin Xinguang Optic-Electronics Technology Co's overall GF Score™ is 58/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Harbin Xinguang Optic-Electronics Technology Co (SHSE:688011), the current Receivables Turnover is 0.18 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Harbin Xinguang Optic-Electronics Technology Co (SHSE:688011) Overvalued in 2026?
Based on GuruFocus' analysis, Harbin Xinguang Optic-Electronics Technology Co stock appears to be overvalued.
The current stock price of ¥79.00 is trading 237% above its estimated GF Value™ of ¥23.44.
GuruFocus considers Harbin Xinguang Optic-Electronics Technology Co to be Significantly Overvalued.
Key valuation signals for SHSE:688011:
Receivables Turnover: 0.18
GF Value™: ¥23.44 vs. price of ¥79.00 (237% above fair value)
Industry Position: 96.4% below the Hardware median (#2395 of 2467)
No single metric tells the full story. See the SHSE:688011 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Harbin Xinguang Optic-Electronics Technology Co Ltd is engaged in providing high-precision components, devices, systems and solutions for optical targets and scene simulation, optical guidance, optoelectronic-specific testing and laser countermeasures.
58GF Score
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